KOTICK ROBERT A - 07 Aug 2021 Form 4 Insider Report for Activision Blizzard, Inc.

Role: Chief Executive Officer, Director
Signature: /s/ Robert A. Kotick
Issuer symbol: N/A
Transactions as of: 07 Aug 2021
Net transactions value: $0
Form type: 4
Filing time: 10 Aug 2021, 19:26:42 UTC
Next filing: 05 Apr 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	ATVI	Common Stock, par value $0.000001 per share	Award	$0	+116,317	+2.4%	$0.000000	4,889,884	07 Aug 2021	Direct	F1
transaction	ATVI	Common Stock, par value $0.000001 per share	Tax liability	$0	-183,723	-3.8%	$0.000000	4,706,161	07 Aug 2021	Direct	F1
transaction	ATVI	Common Stock, par value $0.000001 per share	Tax liability	$0	-231,624	-4.9%	$0.000000	4,474,537	07 Aug 2021	Direct	F2
transaction	ATVI	Common Stock, par value $0.000001 per share	Tax liability	$0	-71,381	-1.6%	$0.000000	4,403,156	07 Aug 2021	Direct	F2
transaction	ATVI	Common Stock, par value $0.000001 per share	Tax liability	$0	-140,626	-3.2%	$0.000000	4,262,530	07 Aug 2021	Direct	F2
transaction	ATVI	Common Stock, par value $0.000001 per share	Tax liability	$0	-70,067	-1.6%	$0.000000	4,192,463	07 Aug 2021	Direct	F2
transaction	ATVI	Common Stock, par value $0.000001 per share	Tax liability	$0	-139,789	-3.5%	$0.000000	3,908,698	07 Aug 2021	Direct	F2, F3
holding	ATVI	Common Stock, par value $0.000001 per share						1	07 Aug 2021	By ASAC II LLC	F4
holding	ATVI	Common Stock, par value $0.000001 per share						4,800	07 Aug 2021	By UTMAs for the benefit of minor children	F5
holding	ATVI	Common Stock, par value $0.000001 per share						36,918	07 Aug 2021	By GRATs	F6
holding	ATVI	Common Stock, par value $0.000001 per share						2	07 Aug 2021	By Delmonte Investments, LLC	F7

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The performance conditions underlying this previously disclosed performance-based restricted stock unit award were achieved at the maximum level and as a result the reporting person received 116,317 shares of the Company's common stock in excess of shares previously disclosed at the target level. Pursuant to the terms of the award agreement, the Company withheld 183,723 of the shares otherwise earned in order to satisfy the resulting tax withholding obligation.
F2	The performance conditions underlying these previously disclosed performance-based restricted stock unit awards were achieved at the maximum level. Pursuant to the terms of the award agreements, the Company withheld an aggregate of 653,487 shares of the shares otherwise earned in order to satisfy the resulting tax withholding obligation.
F3	The performance conditions underlying the performance-based restricted stock unit award previously disclosed on August 9, 2017 were not achieved, therefore 143,976 shares did not vest and have been removed from reported holdings.
F4	The reporting person and Brian G. Kelly are the managers of ASAC II LLC. The reporting person disclaims beneficial ownership of the Company's common stock held by ASAC II LLC except to the extent of his pecuniary interest therein.
F5	The reporting person disclaims beneficial ownership of the Company's common stock held by these UTMAs except to the extent of his pecuniary interest therein.
F6	These shares are held by grantor retained annuity trusts for the benefit of the reporting person's children, of which the reporting person is the trustee.
F7	Reflects shares of the Company's common stock indirectly beneficially owned through Delmonte Investments, LLC, of which the reporting person is a member and manager.